Last checked at 22 Oct 2015 12:29
NOTIFICATION OF TRANSACTIONS OF DIRECTORS, PERSONS DISCHARGING MANAGERIAL RESPONSIBILITY OR CONNECTED PERSONS
Ivan Martin has today purchased 200,000 ordinary shares in Microgen plc. Mr Martin will be joining the Microgen Board on 1 January 2016 as Non-Executive Director and Chairman Designate before assuming the role of Non-Executive Chairman after the release of the 2015 Results.
Martyn Ratcliffe, Chairman of Microgen plc, has today exercised 1,000,000 share options and sold the resulting shares. The share options were granted to Mr Ratcliffe in May 2008 with an exercise price of 52.33 pence and the accompanying performance conditions were fully satisfied. Mr Ratcliffe’s shareholding remains unchanged at 4,117,963 ordinary shares.
1. | Name of the issuer | 2. | State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) |
MICROGEN PLC | (iii) - both (i) and (ii) | ||
3. | Name of person discharging managerial responsibilities/director | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 and identify the connected person |
MARTYN RATCLIFFE | N/A | ||
5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares |
SEE 3 ABOVE | ORDINARY SHARES OF 6 3/7P EACH | ||
7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them | 8 | State the nature of the transaction |
MARTYN RATCLIFFE | EXERCISE OF SHARE OPTIONS AND SALE OF RESULTING SHARES | ||
9. | Number of shares, debentures or financial instruments relating to shares acquired | 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) |
1,000,000 SHARES | 1.69% | ||
11. | Number of shares, debentures or financial instruments relating to shares disposed | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) |
1,000,000 SHARES
| 1.69% | ||
13. | Price per share or value of transaction | 14. | Date and place of transaction |
1,000,000 SHARES PURCHASED AT AN OPTION PRICE OF 52.33 PENCE. 1,000,000 SHARES SOLD AT A PRICE OF 100 PENCE. | 22 OCTOBER 2015, UK | ||
15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) | 16. | Date issuer informed of transaction |
4,117,963 SHARES 6.97% | 22 OCTOBER 2015 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 | Date of grant | 18. | Period during which or date on which it can be exercised |
N/A | N/A | ||
19. | Total amount paid (if any) for grant of the option | 20. | Description of shares or debentures involved (class and number) |
N/A | N/A | ||
21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise | 22. | Total number of shares or debentures over which options held following notification |
N/A | N/A | ||
23. | Any additional information | 24. | Name of contact and telephone number for queries |
INFORMATION IS BASED ON THE COMPANY’S CURRENT ISSUED SHARE CAPITAL WHICH IS 59,060,521 | PHILIP WOOD, GROUP FINANCE DIRECTOR, MICROGEN PLC â€" 020 7496 8100 |
1. | Name of the issuer | 2. | State whether the notification relates to (i) a transaction notified in accordance with DR 3.1.4R(1)(a); or (ii) DR 3.1.4(R)(1)(b) a disclosure made in accordance with section 324 (as extended by section 328) of the Companies Act 1985; or (iii) both (i) and (ii) |
MICROGEN PLC | (iii) - both (i) and (ii) | ||
3. | Name of person discharging managerial responsibilities/director | 4. | State whether notification relates to a person connected with a person discharging managerial responsibilities/director named in 3 andidentify the connected person |
IVAN MARTIN | N/A | ||
5. | Indicate whether the notification is in respect of a holding of the person referred to in 3 or 4 above or in respect of a non-beneficial interest | 6. | Description of shares (including class), debentures or derivatives or financial instruments relating to shares |
SEE 3 ABOVE | ORDINARY SHARES OF 6 3/7P EACH | ||
7. | Name of registered shareholders(s) and, if more than one, the number of shares held by each of them | 8 | State the nature of the transaction |
IVAN MARTIN | PURCHASE OF SHARES | ||
9. | Number of shares, debentures or financial instruments relating to shares acquired | 10. | Percentage of issued class acquired (treasury shares of that class should not be taken into account when calculating percentage) |
200,000 SHARES | 0.34% | ||
11. | Number of shares, debentures or financial instruments relating to shares disposed | 12. | Percentage of issued class disposed (treasury shares of that class should not be taken into account when calculating percentage) |
N/A
| N/A | ||
13. | Price per share or value of transaction | 14. | Date and place of transaction |
200,000 SHARES PURCHASED AT 100 PENCE PER SHARE. | 22 OCTOBER 2015, UK | ||
15. | Total holding following notification and total percentage holding following notification (any treasury shares should not be taken into account when calculating percentage) | 16. | Date issuer informed of transaction |
200,000 SHARES 0.34% | 22 OCTOBER 2015 |
If a person discharging managerial responsibilities has been granted options by the issuer complete the following boxes
17 | Date of grant | 18. | Period during which or date on which it can be exercised |
N/A | N/A | ||
19. | Total amount paid (if any) for grant of the option | 20. | Description of shares or debentures involved (class and number) |
N/A | N/A | ||
21. | Exercise price (if fixed at time of grant) or indication that price is to be fixed at the time of exercise | 22. | Total number of shares or debentures over which options held following notification |
N/A | N/A | ||
23. | Any additional information | 24. | Name of contact and telephone number for queries |
INFORMATION IS BASED ON THE COMPANY’S CURRENT ISSUED SHARE CAPITAL WHICH IS 59,060,521 | PHILIP WOOD, GROUP FINANCE DIRECTOR, MICROGEN PLC â€" 020 7496 8100 |
Name and signature of duly authorised officer of issuer responsible for making notification PHILIP WOOD, GROUP FINANCE DIRECTOR, MICROGEN PLC Date of notification:Â Â 22 OCTOBER 2015 www.microgen.com |